On Wednesday the pound slid against the U.S. dollar, after data showed that U.K. manufacturing activity expanded at the slowest rate in 26 months in June, while Greek debt concerns continued to support demand for the safe-haven greenback...
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On Tuesday the greenback was stronger as markets prepared for Greece's almost unavoidable default on its IMF payment due today, June 30. However, Greece is now said to be in touch with its creditors in respect of a possible deal, however, no real movement has been seen so far...
On Tuesday the pound was almost unchanged against the U.S. dollar, after reports showed that Britain's economic growth was revised up, while U.K. account deficit appeared to be wider than economists had estimated...
“Initially there would be a massive selloff, something in the region of 30 to 40 percent depreciation against the dollar,” says Neil Jones, head of hedge-fund sales at Mizuho Bank Ltd. in London. “We will get fresh all-time lows” for the drachma, he thinks...
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On Tuesday the euro was weaker in Asia, as financial markets prepared for Greek debt default. The outcome of the referendum due on July 5 is the main focus now with Greece's Tsipras hinting at resigning in case citizens vote 'Yes'...
Switzerland’s central bank intervened in the currency markets Sunday night to stabilize the strong franc after the concerns over Greece’ potential exit from the eurozone spurred strong demand in the Swiss currency...
The euro was sharply lower as Greece has set stage for a nervous week having failed to reach a deal with its lenders, taking it a step closer to a debt default that could force its exit from the euro zone...
BitInka, a Bitcoin platform that operates in Peru, Venezuela, Bolivia and Brazil will soon expand its services throughout Argentina, Colombia and Chile...
The dollar slipped lower against the yen on Friday, after the release of upbeat economic reports from Japan and as mounting concerns over Greek debt talks supported safe-haven demand...
While many analysts suggest the greenback has topped out, currency analysts at Barclays consider there will be a long-term strength in the dollar, especially against the euro...
On Thursday the Swiss franc dropped against the dollar and the euro after Swiss National Bank Head Thomas Jordan said the local currency was overvalued and that the bank would continue to intervene in currency markets to weaken it...
On Thursday the euro and the dollar edged lower against the shelter yen, as markets were extremely nervous about the outcome of Greek talks. Later in the session markets awaited data on U.S. consumer spending...
On Wednesday the euro trimmed morning gains as more tension grew over the Greek debt talks. Reports said that Greece’s creditors had rejected the latest reform proposal, driving a selloff in Greek bonds and European equities...
On Wednesday the pound climbed against its U.S. peer, as demand for the greenback weakened ahead of a final report on U.S. first quarter growth, due to be released later in the day. However, yesterday's strong U.S. data buoyed the greenback...
The yen was stronger Wednesday after the release of the Bank of Japan minutes from the May meeting. Meanwhile, Japan's stock market index hit multi-year highs boosted by optimism over Greek resolution...
